GQG 0.40% $2.51 gqg partners inc.

Rev up 9%Operating expenses up 40.5%Net profit down 22%Net flows...

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    Rev up 9%
    Operating expenses up 40.5%
    Net profit down 22%

    Net flows for the year were 8 billion, not the 17b last year but given market conditions this isn't necessarily a bad result.

    They broke it down nicely in the graph below
    https://hotcopper.com.au/data/attachments/5060/5060309-783c6c60ed79e2f8643520c27a722a6d.jpg
    Balance sheet remains very strong.

    Interesting that they have closed their EM strategy to new investors, not sure if I missed that announcement or if it is new news.

    Would like to hear others thoughts on this result,

    Cheers,
    Plague.
 
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